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By Jamie Holmes A breakthrough field that combines psychology and economics, behavioral economics has achieved a level of influence over U.S. policy that hardly any of its practitioners could have imagined only a few years ago. Full Article at Philadelphia Inquirer
Dodd wants to take supervisory power from the Federal Reserve, which is controlled by the banks it pretends to monitor, and put it in the hands of a new independent agency. Full Article at The Asheville Citizen-Times
Whereas Mr Obama's economist is Austan Goolsbee, a brilliant Massachusetts Institute of Technology PhD at Chicago Business School ...Mrs Clinton's campaign boasts no professional economist of high repute.
I don't blame the Treasury Secretary for the problems. I blame the Clinton economic team and the New York Fed. Oh wait. Summers has to go, and Geithner should follow for being dumb enough to listen to him. Full Article at Huffington Post
Nov. 14 (Bloomberg) -- Two Obama administration officials stood up for the Federal Reserve after a key senator proposed stripping the central bank of its authority to supervise banks. Full Article at Bloomberg.com
Austan Goolsbee, a member of the White House Council of Economic Advisers, said the Fed should retain a central role in supervising the banking sector and that moves to merge oversight into a single agency could cause industry "nervousness." Full Article at FOX News
On Friday, Austan Goolsbee, a member of President Barack Obama’s Council of Economic Advisers, said that by limiting the Fed’s responsibilities, there could be confusion in how the federal government regulates the financial system. Full Article at The Hill
Austan Goolsbee, one of the president's economic advisors, weighed in on the subject of "too big to fail," saying we might be losing our big chance to change the way the financial system works. Alisa Roth reports. Full Article at American Public Media
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